Northern Arizona Market Risk Adjusted Performance
| NOAZX Fund | | | USD 9.63 -0.01 -0.10% |
Northern Arizona market risk adjusted performance lookup summarizes this and related technical indicators for Northern Arizona Tax Exempt. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Correlation Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Northern Arizona Tax Exempt within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Northern Arizona Tax Exempt has current Market Risk Adjusted Performance of 0.2078.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2078 | |
| ER[a] | = | Expected return on investing in Northern Arizona |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Northern Arizona Market Risk Adjusted Performance Peers Comparison
Northern Market Risk Adjusted Performance Relative To Other Indicators
Northern Arizona Tax Exempt maintains a
third in Market Risk Adjusted Performance in market risk adjusted performance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
4.47 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Northern Arizona Tax Exempt is roughly
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